2023 onwards will best performance from Supermax where US manufacturing plant start production. Expect revenue contribution from US plant USD 300m per qtr based 5b yearly production. This is only phase 1. Phase 2,3,4 not included. There will be no more FL risk in US.
I am sure Supermax will get preferential treatment from cbp after investing USD500 mil to build mega factory and hire americans to work. Furthermore, already rectified most of the force labour issues like debt bondage, zero cost recruitment, higher minimum wage, better working condition, 5k ex gratia bonus, etc
shit! d price will not go up not unless d big funds managed to average down d high price they bought during d gloves rally to reduce their book losses!
It s too late to response to forced labour issue for Maysia employers because half market already robbed by China within 15 months ! Top glove already settled issue but their qr become worst n worst !
Not too worry, at least this company is still management by professional businessman, they will know how to take care of their own business.
When we buy share, we buy those company that really focus on doing business. Although share price sometime can be pressdown by some bad news or syndicate, but as long as the management is properly running the business, there should not be any big problem to buy low and hold for long term.
Next, US CBP will start to ban China imports once they get the Malaysia to comply first. And this China ban would take years to uplift.
NatsukoMishima It s too late to response to forced labour issue for Maysia employers because half market already robbed by China within 15 months ! Top glove already settled issue but their qr become worst n worst ! 11/02/2022 4:22 PM
my current holding only 5000 units. to buy 15000 units at 0.64 is just below 10k. Keep for 3 years no issue. not All In into Supermax. Just to average down further.
All us citizens, please evacuate immediately from Ukraine and bring all your us dollar out of Ukraine. Yes. this time can scare all the European people fund outflows to US. I will hike fed rate soon. Flow flow money from Europe to US. Thank you Europe. Ukraine is my scapegoat. Thank you.
Opportunists seeing gloves are on the down trend and the huge funds in gloves thus wooing retailers from glove counters to move their funds to the most popular stock at this time that is Dnex. If that happens it certainly helps Dnex's existing shareholders to reap bigger profit but even god can't guarantee its share price will continue to soar after that.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
monetary
4,447 posts
Posted by monetary > 2022-02-11 08:29 | Report Abuse
indirectly boss is shorting the share. sell to u all at high price buy back when it's much lower. lol!